Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase tightens workforce security after North Korea remote-worker threats

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures. Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company. North Korean IT workers are increasingly targeting Coinbase’s remote…

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Wormhole to counter LayerZero’s 0M Stargate bid with its own

Wormhole to counter LayerZero’s $110M Stargate bid with its own

Wormhole will bid against LayerZero to acquire the crosschain transfer platform Stargate, which just launched an updated bid on Sunday to better reception. Cross-blockchain bridge Wormhole is looking to bid against LayerZero’s $110 million bid to acquire crypto protocol Stargate, arguing LayerZero’s bid doesn’t “create a compelling offer.” The Wormhole Foundation said in a post…

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Bitcoin miners and AI firms compete for cheap sustainable energy

Bitcoin miners and AI firms compete for cheap sustainable energy

Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier. Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the…

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